FRN Variable Rate Fix


17 June 2016

Issue: Duncan Funding 2015-1 Plc

Class A1 Notes


Pursuant to our appointment as Agent for the above stated issue, please be advised of the following interest rate determination:

Date From: 17 June 2016

Date To: 19 September 2016

Record Date: 14 September 2016

Value Date: 19 September 2016

Benchmark Rate: 0.57906%

Margin: 0.7%

Total Rate: 1.27906%

Floor: 0%

Number of Days: 94

Day Count: Actual / 365 (Fixed)

Interest Frequency: Quarterly

Total Amount Due:

GBP 3,532,308.80

Interest Per 1K: GBP 2.94359067

Pool Factor: 0.893617181666666

Short Name: Duncan Fdg 2015-1
Category Code: RC
Sequence Number: 532756
Time of Receipt (offset from UTC): 20160617T180637+0100


HSBC Security Services


HSBC Security Services